Inland Vessel Bill 2021 Subject : Economy / Legislations Context : The Union Cabinet has given the nod to the Inland Vessels Bill, 2021, which will replace the Inland Vessels Act, 1917. The Bill will regulate safety, security and registration of inland vessels. Concept : Key features of the Bill: It provides for […]
CII urges ₹3-lakh crore stimulus Subject : Economy Context : Mooting ‘urgent’ fiscal support to shore up the economy, industry body CII on Thursday said the government has room to provide a ₹3-lakh crore stimulus and advocated a reduction in fuel taxes and enhancement in cash transfers to households to revive demand. Concept […]
Mandatory hallmarking roils jewellery industry Subject: Economy Context: Recently, the government has announced the phased implementation of mandatory hallmarking of gold jewellery. In the first phase, gold hallmarking will be available in only in 256 districts and jewellers having annual turnover above Rs 40 lakh will come under its purview. Concept: Hallmarking of […]